Teraco soars on a cloud of connectivity and big-data growth
Last year's announcement by Microsoft that it would build two data centres in South Africa, it appears, has been a boost rather than a challenge to Teraco
An investment of R1-billion in South Africa's biggest vendor-neutral data centre points to an explosion in demand for off-site and cloud-based storage. Teraco, which last year secured a R1.2-billion loan to build a new data centre at Bredell, east of Johannesburg, announced this week it would invest a further R1-billion to expand its facility in Isando. Its largest infrastructure project yet, the expansion will comprise two phases between now and 2021. Phase 1, due for completion late next year, will increase usable floor space 50% to 12000m2. Jan Hnizdo, chief financial officer of Teraco, said the Isando campus already served more than 400 enterprise customers and 200 telecommunications providers. "The real measure, though, is interconnects, where we connect one party with another, to allow key connectivity providers to pick up key content directly from content providers. We have about 12000 interconnects across the country, and Isando has close to 8000. If you look at highly conn...
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